Cox Energy Cash Flow Statement

Financials in millions MXN. Fiscal year is January - December.

Millions MXN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	315.64	210.52	-270.6	-193.81	-426.79
Depreciation & Amortization	1,227	780.39	20.01	4.78	3.28
Other Amortization	0.73	-	1.16	0.5	-
Loss (Gain) on Sale of Investments	-	-	21.07	54.36	-77.21
Loss (Gain) on Equity Investments	-0.29	26.63	-39.56	28.98	37.09
Asset Writedown	7.98	345.76	140.87	-	270.32
Change in Accounts Receivable	-	-	-12.41	-86.11	-9.91
Change in Inventory	79.12	-40.13	-	-	-
Change in Accounts Payable	773.48	-98.18	-133.84	91.09	-0.78
Change in Income Taxes	-	-	-	-	77.46
Change in Other Net Operating Assets	-1,999	-522.94	-	-	-
Other Operating Activities	506.22	369.73	430.51	9.12	26.55
Operating Cash Flow	946.7	1,072	157.21	-91.1	-99.98
Operating Cash Flow Growth	-11.67%	581.77%	-	-	-
Capital Expenditures	-400.8	-415.13	-3.33	-0.78	-0.47
Cash Acquisitions	-	-	407.55	-	-
Sale (Purchase) of Intangibles	-235.39	-77.1	-96.64	-37.68	-20.4
Investment in Securities	-327.68	-	-	-	-
Other Investing Activities	-	-534.42	-402.79	-68.19	-18.38
Investing Cash Flow	-963.87	-1,027	-95.21	-106.65	-39.26
Long-Term Debt Issued	1,398	562.55	357.77	256.45	-
Total Debt Issued	1,398	562.55	357.77	256.45	-
Long-Term Debt Repaid	-987.24	-221.47	-187.18	-	-2.83
Net Debt Issued (Repaid)	411.14	341.08	170.6	256.45	-2.83
Issuance of Common Stock	-	-	33.41	-	86.01
Repurchase of Common Stock	-	-300	-	-	-
Other Financing Activities	-	-	335.08	-	-
Financing Cash Flow	411.14	41.08	539.09	256.45	83.18
Foreign Exchange Rate Adjustments	-27.5	-8.34	-106.45	-47.69	8.31
Net Cash Flow	366.47	77.87	494.64	11.01	-47.75
Free Cash Flow	545.9	656.65	153.88	-91.88	-100.45
Free Cash Flow Growth	-16.86%	326.73%	-	-	-
Free Cash Flow Margin	5.07%	13.00%	12.82%	-21.52%	-425.53%
Free Cash Flow Per Share	2.96	3.48	0.90	-0.56	-0.61
Levered Free Cash Flow	2,982	744.24	-164.26	-208.49	24.81
Unlevered Free Cash Flow	2,982	811.51	-123.97	-202.04	25.33
Change in Working Capital	-1,146	-661.25	-146.25	4.98	66.77

Source: S&P Global Market Intelligence. Utility template. Financial Sources.